Mutul Funds keep cash buffers high in July amid market volatility

Unifi Capital, Baroda BNP Paribas, and PGIM India Mutual Fund reduced cash holdings to 14.3 percent, 3.4 percent, and 3 percent respectively, down from 25.5 percent, 6.4 percent, and 5 percent in June. markets After two consecutive months of decline, active equity mutual funds maintained elevated cash buffers in July, signalling fund managers’ continued caution…

Vedanta board to consider first interim dividend for FY26 on June 18

  Vedanta Limited on Friday announced that its board of directors will meet on 18 June to consider and approve the first interim dividend, if any, on equity shares for the financial year 2025–26.   “Please note that the record date for the purpose of determining the entitlement of the equity shareholders for the said…

Leela Hotels, Aegis Vopak IPO GMPs surge as subscription gains momentum; check key details

Leela Hotels and Aegis Vopak continue to garner robust subscription in the primary market on the second day of initial share sale on Tuesday. Leela Hotels, Aegis Vopak IPO GMP surge as subscription gains momentum. The initial public offer of Schloss Bangalore, which operates Leela Palaces Hotels and Resorts, got subscribed 13 percent on the second…